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Closing or Settlement >Handle Needed Repairs Early
There is a standard chain of events that occurs when an offer comes in on a home. After a meeting of the minds, the buyer often brings in a home inspector who may find a few items that need to be repaired. The real estate agent gives the homeowner a list of the requested repairs. What comes next?
In most transactions, the seller will take care of the repairs. Many sellers wait until the week before the closing to call someone to do the work, because they want to be sure that they are going to make it to the closing table before they spend money on repair work. If you are responsible for making repairs to a home you are selling, make sure you have the work done well in advance of the closing date by licensed professionals who will stand behind their work. If the work is done at the last minute and is incomplete or unsatisfactory, it could cause complications at the closing. You should provide the buyers with all the receipts and the names of the persons to contact in case there is a problem with the repairs.
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What are the financial benefits of having a home near a body of water?
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The mere presence of water within 300 feet increases a home's value by 22 percent. |
 See More Real Estate Trivia > |
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Lucretia Pinnock
Pinnock Real Estate & Relocation Services, Inc.
115 E. Pennsylvania Ave.
Southern Pines, NC 28387
910-692-6767
Fax: 910-692-4141
lucretiapinnock@NUMBER1EXPERT.com
Whatever your questions, I'll help find the answer. I have been a full time
real estate professional in Moore County, North Carolina since 1985. And as
one of America's NUMBER1EXPERTST and an avid reader of professional
journals, I understand national and local trends in the real estate market.
Staying informed is critically important to my clients in the turbulent Real
Estate Market that exists. Because of this level of professionalism, I was
honored by Realty World-America and Keller Williams Realty as a Top Agent.
I was named as Realtor of the Year for our Association of Realtors in 2003.
I am well equipped to guide you through all your real estate needs in the
Pinehurst area and take that opportunity and responsibility very seriously.
I guide a Team of Real Estate Professionals to provide the highest level of
service and look forward to providing that level of service to you and your
friends! Call or email me today! 
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